SK Hynix Shares Crash to Seven-Month Low Amid Deepening AI Sell-Off
· Business · LiveMint, Bloomberg
SK Hynix shares fell 4.23% in Tuesday trade in Seoul to reach their lowest level since April, extending a seven-session slide that has erased 31% of the company's value in October 2026. The downturn dragged the Kospi Index down 4% due to the chipmaker's heavy weighting in the benchmark. Semiconductor stocks have faced mounting pressure from rising Chinese competition, tight NAND supply, and broader jitters regarding the sustainability of artificial intelligence spending. Despite the recent correction, SK Hynix remains up 93% for the year after surging 274% in 2025. Nvidia Chief Executive Officer Jensen Huang defended the sector's outlook, telling investors that current market turbulence will pass.
Why it matters
The sharp sell-off in major semiconductor stocks threatens global technology portfolios and signals growing investor anxiety over returns on heavy artificial intelligence infrastructure spending.
Read the original report — LiveMint
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